MarketBeat Market update
News archive search
Search the Newsreel
Search stored headlines and summaries, then narrow the results by company, country, sector, industry, source or date.
- Showing
- 1–36
- Matches
- 144
- Sources here
- 27
- Companies here
- 1
Active search
144 matching headlines
Search results
Matching headlines
External headlines link to their original source. Market context comes from stored weekly company data, not from an opinion about the article.
Phillips 66 SVP and controller Kluppel sells $1.65m in stock
Ann M. Kluppel, Phillips 66's SVP and Controller, sold company stock worth $1.65 million in early August, following the exercise of employee stock options. The sales occurred when the stock was trading near its 52-week high, having delivered significant year-to-date and past-year returns. Despite …
Phillips 66 (PSX) Posts Strong Q2 And Pipeline Plans, Is The Upside Already Priced In?
Phillips 66 reported strong Q2 2026 results with increased sales, revenue, and earnings, alongside progress on its US$5 billion Western Gateway Pipeline project. The company has seen significant share price appreciation, with a 95.47% total shareholder return over the past year. While some analysts …
Phillips 66 (PSX) and Marathon Petroleum (MPC) reportedly held merger talks earlier this year in a deal that would have created a USD 180bln oil-and-gas giant, according to Semafor citing sources
Phillips 66 (PSX) and Marathon Petroleum (MPC) reportedly engaged in merger discussions earlier this year, aiming to create a $180 billion oil-and-gas conglomerate. Although the talks did not result in a deal, they highlight the industry's trend towards consolidation as a response to challenging …
Exclusive / Phillips 66, Marathon held now-scuttled merger talks
Phillips 66 and Marathon Petroleum reportedly engaged in merger talks earlier this year, aiming to form a $180 billion oil-and-gas conglomerate, but these discussions ultimately failed. Despite potential antitrust challenges due to their combined refining capacity, the companies might have been encouraged by the …
Phillips 66 contributes $200,000 to support active wildfire response in Washington
Phillips 66 has donated $200,000 to aid active wildfire response efforts in Spokane, Washington, where multiple fires have burned thousands of acres and destroyed hundreds of structures. The contribution includes $150,000 for the American Red Cross and $50,000 for the Spokane Fire Department Foundation, …
Phillips 66 Stock Outlook: Is Wall Street Bullish or Bearish?
Phillips 66 Company Retail Location_ By jetcityimage Phillips 66 (PSX), headquartered in Houston, Texas, operates as an energy manufacturing and logistics company. With a market cap of $90 billion, the company's operations include oil refining, marketing, and transportation along with chemical manufacturing and power …
Phillips 66 left California. Now it's betting billions on selling fuel there.
Phillips 66, after closing its Los Angeles refinery in 2025, is now partnering with Kinder Morgan and HF Sinclair to propose the multibillion-dollar Western Gateway Pipeline. This project aims to transport up to 230,000 barrels of oil daily over 1,300 miles to California, addressing …
Phillips 66 and Kinder Morgan greenlight $5B Texas-Arizona pipeline
Phillips 66 and Kinder Morgan Inc. have made a final investment decision on the $5 billion Western Gateway Pipeline. This joint venture will transport gasoline and other refined products from Texas to Arizona and California, with Phillips 66 owning 49.9%, Kinder Morgan 35.1%, and …
Why You Might Be Interested In Phillips 66 (NYSE:PSX) For Its Upcoming Dividend
Phillips 66 (NYSE:PSX) is set to trade ex-dividend in four days, with a payment of US$1.27 per share scheduled for September 1st. The company's dividend appears sustainable, with a modest payout ratio of 28% of profit and 31% of free cash flow, both well-covered. …
A Phillips 66 Director Trimmed a Trust Stake After an 81% Run. Here's What to Know
Lisa Ann Davis, a director at Phillips 66 (NYSE:PSX), sold 1,515 shares of common stock from a trust on August 10, following an 81% total return for the energy company over the past 12 months. The sale, valued at approximately $314,711, reduced the trust's …
Phillips 66 (PSX) shareholder files to sell 52,100 common shares on NYSE
A Phillips 66 shareholder has filed a Form 144 notice to sell up to 52,100 shares of common stock through Merrill, with trading expected on or after August 12, 2026, on the NYSE. The aggregate market value of the proposed sale is approximately $11.66 …
Why Did Phillips 66 (PSX) Shares Climb After Its Latest Update?
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Phillips 66 (PSX) is back in focus after committing to the Western Gateway Pipeline joint venture, a planned US$5b fuel transport system, alongside …
Phillips 66 (PSX) Q2 2026 Earnings Call Transcript
Image source: The Motley Fool. DATE Wednesday, Aug. 5, 2026 at 12:00 p.m. ET CALL PARTICIPANTS Vice President, Investor Relations and Chief Economist - Sean Maher Chairman and Chief Executive Officer - Mark Lashier Chief Financial Officer - Kevin Mitchell Midstream and Chemicals - …
Phillips 66, Kinder Morgan and HF Sinclair Announce Final Investment Decision for Western Gateway Pipeline
Phillips 66, Kinder Morgan, and HF Sinclair have finalized a joint venture agreement and made a final investment decision for the Western Gateway Pipeline system. This 1,300-mile refined products pipeline will create a new fuel supply path from St. Louis and the Gulf Coast …
Phillips 66, Partners Sanction Texas to Arizona Oil Pipeline Project
Phillips 66, Kinder Morgan Inc, and HF Sinclair Corp have sanctioned the $5-billion Western Gateway pipeline project, which will transport refined oil products from Borger, Texas to Phoenix, Arizona. This 1,300-mile project aims to create a new fuel supply path to Arizona and California …
Phillips 66 and partners approve $5bn Western Gateway Pipeline
Phillips 66, Kinder Morgan, and HF Sinclair have approved the $5bn Western Gateway Pipeline project. This 1,300-mile system will transport up to 230,000 barrels of refined fuel products daily from the Midcontinent and Gulf Coast to the western US, enhancing supply reliability in Arizona …
Phillips 66 (PSX) Is Up 9.0% After Expanding Buybacks And Greenlighting Western Gateway Pipeline Joint Venture
Phillips 66 (PSX) saw a 9.0% stock increase following its Q2 2026 results, which included revenue of US$52.04 billion, net income of US$3.85 billion, and an expanded share repurchase authorization to US$23.00 billion. The company also approved the US$5.00 billion Western Gateway Pipeline joint …
Here's How Much $100 Invested In Phillips 66 5 Years Ago Would Be Worth Today
Phillips 66 (NYSE: PSX) has significantly outperformed the market over the past five years, achieving an average annual return of 25.89%. An initial investment of $100 in PSX stock five years ago would now be worth $303.64, demonstrating the power of compounded returns. The …
Phillips 66 SEC Filing (Aug 11, 2026)
Phillips 66 (PSX) filed a Form 144 with the SEC on August 11, 2026, indicating a proposed sale of 3300 shares of common stock acquired via stock options. The shares have an aggregate market value of $706,266.33 and are scheduled for sale on August …
Phillips 66 Stock 12‑Month Price Target Raised to $222.78, Implies 3% Upside
The average 12-month price target for Phillips 66 stock (PSX) has increased to $222.78, up from $220.28, according to estimates from 18 analysts. This new target suggests a potential upside of approximately 3% from its August 10th closing price. The consensus rating for PSX …
Phillips 66, Kinder Morgan, HF Sinclair approve Western Gateway pipeline project By Reuters
Phillips 66, Kinder Morgan, and HF Sinclair have approved the proposed $5 billion Western Gateway Pipeline system and finalized their joint venture agreement. Phillips 66 will hold a 49.9% stake, Kinder Morgan 35.1%, and HF Sinclair 15%. This project aims to improve fuel supply …
Phillips 66, Kinder Morgan, HF Sinclair to move forward with $5B Western Gateway Pipeline (KMI:NYSE)
Phillips 66, Kinder Morgan, and HF Sinclair have finalized a joint venture agreement and made a final investment decision to construct the proposed $5 billion Western Gateway Pipeline system. The pipeline is expected to be completed in 2029.
Shell, Phillips 66 Test Market for Explorer Pipeline Stake
Shell and Phillips 66 are reportedly exploring the sale of their combined 60.5% stake in Explorer Pipeline, valuing it at approximately $3.5 billion. The pipeline, which transports refined products from the Gulf Coast to the Midcontinent and Midwest, has experienced a decline in performance …
Phillips 66, Kinder Morgan, HF Sinclair approve US$5 billion Western Gateway project
Phillips 66, Kinder Morgan, and HF Sinclair have approved the US$5 billion Western Gateway Pipeline system, forming a joint venture to build it. The project aims to establish a new 1,300-mile fuel supply route from St. Louis and Gulf Coast to Arizona and California, …
A Look at Phillips 66 (PSX) After 5.7% Gain -- GF Value $153.50 vs Price $215.52
Phillips 66 (PSX) recently saw its shares rise by 5.7% to $215.52, trading near its 52-week high. Despite this strong market momentum and an 87.1% increase over the past year, GuruFocus assesses PSX as significantly overvalued with a GF Value of $153.50, implying a …